Saudi Arabia gets MSCI recognition

Saudi Arabia gets MSCI recognition

By OLIVIER HOLMEY

Inclusion in the emerging market index is recognition of the country’s reforms and could bring $50 billion of foreign investment.

Middle East’s strategic location drives FX growth

Middle East’s strategic location drives FX growth

By PAUL GOLDEN

Less onerous regulatory requirements and the proximity to markets where retail FX is prohibited continue to encourage brokers to set up shop in the Middle East, despite ongoing state protection for the Saudi Arabian currency.

Iran sanctions: special focus

Iran sanctions: special focus

Euromoney investigates how the relaxation of western sanctions on Iran – dubbed the world’s most lucrative closed economy – will jump-start trade and capital flows from Europe to the Gulf, and plots a vision for the country's banking system and economic transformation, more generally.

In the spotlight: Angola

In the spotlight: Angola

Angola, which has recently emerged from civil war, is in the process of building its own identity. A systematic drive towards diversification of the economy away from the oil sector and the process of de-dollarization are pivotal parts of this process. How are banks, the government and locals coping as this transformation takes hold?

Southern Africa’s new leaders still have much to prove

Southern Africa’s new leaders still have much to prove

By DOMINIC O’NEILL

The new presidents of Angola, South Africa and Zimbabwe could do better, but banks and investors will have plenty of due diligence to do when deciding whether or not and how to commit more resources to these countries.

Zimbabwe leaps into the cashless future

Zimbabwe leaps into the cashless future

By ERIC ELLIS

While most countries have adopted e-wallets and mobile banking as a result of technological innovation and evolution, Zimbabwe was forced into it because of a financial crisis.

Zimbabwe opens for business

Zimbabwe opens for business

By ERIC ELLIS

Now Mugabe is gone, one of the poorest nations in southern Africa can see the first signs of interest from international investors, but a chaotic currency regime, heavily indebted economy and looming elections are turning initial euphoria into cautious optimism.

Ramaphosa promises overhaul of South Africa’s economy

Ramaphosa promises overhaul of South Africa’s economy

By OLIVIER HOLMEY

South Africa’s new deputy finance minister took a tough stance on corruption under former president Jacob Zuma – now Mondli Gungubele talks to Euromoney about the embarrassing Zuma years and the Ramaphosa government’s plans to turn the economy around.

Nigerian banks make a mint from a crisis

Nigerian banks make a mint from a crisis

Oil prices and currency controls created opportunities for some banks, which reported bumper gains from FX and fixed income last year, but no one is expecting a repeat of that. Can lending keep them sweet?

Politics sets South Africa on a new path

Politics sets South Africa on a new path

By ERIC ELLIS

With the election of Cyril Ramaphosa, there is a new sense of optimism in the country. Bankers talk of Ramaphoria and hail the first signs of a long-overdue improvement in the economy.